Aurwest Resources Corp. is pleased to announce that pursuant to the recent closing of its Plan of Arrangement and spin out of its Copper Stars property in British Columbia to Copper Star Exploration Ltd. , Copper Star plans to complete a private placement financing of subscription receipts. As disclosed in previous press releases Copper Star will be applying to become a publicly listed company through a direct listing on [...]
Aurwest Resources Corp. announces that, as part of the previously announced spin-out transaction that was completed by way of a Plan of Arrangement , the Company has completed the closing of five newly formed reporting issuer entities for the purposes of evaluating future go public business opportunities . The record date of the Plan of Arrangement was September 23, 2022 . SpinCos Closing & Share Issuance Pursuant to the [...]
Aurwest Resources Corp. announces that, contrary to is Press Release dated September 9, 2022, announcing the approvals of the previously announced Plan of Arrangement , there will only be one record date, being September 23, 2022 , designating those Aurwest shareholders that will be entitled to receive shares of six separate companies, however there will be two share distribution dates. The companies subject to the spin [...]
Aurwest Resources Corp. announces final drilling results from its Phase 2 drilling program completed at its Paradise Lake gold project in Central Newfoundland. Phase 2 consisted of seven holes totaling 1,050-meters, to follow-up intervals of low-grade gold mineralization intersected by Phase 1 drilling. The drilling program at Paradise Lake consisted of 18 drill holes totaling 3,796m. Highlights of the drilling program [...]
Aurwest Resources Corp. is pleased to announce that it has received the requisite approvals for its previously announced Plan of Arrangement . The Plan of Arrangement will see the Company spin out its Stellar Stars mining property into a separate publicly listed company , subject to completion of the Stellar Stars Financing , and have five newly formed reporting issuer entities which will be used for the purposes of [...]
Aurwest Resources Corp. is pleased to announce that the Company has filed its second quarter June 30, 2022 financial statements , management's discussion and analysis , and quarterly certifications for the three month period ended June 30, 2022. Colin Christensen, the Company's President & Chief Executive Officer stated, "Aurwest is currently in the process of expanding the footprint in our extensive property land [...]
Aurwest Resources Corp. is pleased to provide an update on its 2022 field program including the discovery of a new mineralized structural trend hosting gold mineralization in outcrop that returned up to 4.04 g/t gold and 5.27g/t silver. Approximately 300 rock samples have been collected to date in total across all projects. The analytical results for 99 samples have been received and are reported in the news release [...]
Aurwest Resources Corp. announces the acquisition of an additional 98 km2 of mineral licenses contiguous with the Stony Caldera and Paradise Lake gold projects in Central Newfoundland. The area is considered to be highly prospective for gold mineralization within the Cape Ray-Valentine Lake corridor. The Twi-lite property with reported gold values up to 202 g/t gold is located approximately 2.5km northeast of the claim [...]
Aurwest Resources Corp. is pleased to announce that it has filed and mailed an information circular for an annual general and special meeting of its shareholders on August 29, 2022 , to consider, and if deemed fit, proceed with a Plan of Arrangement . Shareholder Consideration In connection with the proposed Plan of Arrangement, subject to certain conditions, Aurwest shareholders as at the applicable Share Distribution [...]
Aurwest Resources Corp. announces the completion of its Phase II drill program on its Paradise Lake gold project in Central Newfoundland. The program consisted of seven holes totaling 1,050-meters and followed up results from the Phase I drilling program completed in April 2022. The drilling targeted geophysical anomalies interpreted extensions of mineralized intervals intersected in the Phase I drilling and surface [...]
Aurwest Resources Corp. is pleased to report the analytical results for the remaining eight drill holes from the 11-hole exploration drilling program at the Paradise Lake Project, central Newfoundland. The eleven-hole drilling program was completed to test a 4.5km target consisting of surface mineralization associated with a strong chargeability signature within the Cape Ray Valentine Lake corridor. Highlights include [...]
Aurwest Resources Corp. is pleased to announce that the Company has filed its first quarter March 31, 2022 financial statements , management's discussion and analysis , and annual certifications for the three month period ended March 31, 2022. Colin Christensen, the Company's President & Chief Executive Officer stated, "Aurwest is currently in the process of expanding the drilling footprint in our extensive property land [...]
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